8, LODSWORTH DRIVE, CRAMLINGTON, NE23 7XR - £322,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LODSWORTH DRIVE is a very large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £322,500 in January 2019, which was around 27% above the average January 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

8 LODSWORTH DRIVE Sold Prices

Land registry data shows three sales for 8 LODSWORTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 8 LODSWORTH DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 9 JAN	£322,500	£254,911	27% above HPI
2006 16 JUN	£275,000	£237,761	16% above HPI
2001 19 DEC	£157,000	£116,335	35% above HPI

8 LODSWORTH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 8 LODSWORTH DRIVE sales between December 2001 and January 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 8 LODSWORTH DRIVE?

8 LODSWORTH DRIVE is 142m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 8 LODSWORTH DRIVE lies on this distribution: 84% of detached houses are smaller than 8 LODSWORTH DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 LODSWORTH DRIVE: Plot and Title Map

8 LODSWORTH DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 LODSWORTH DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 LODSWORTH DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 LODSWORTH DRIVE?

8 LODSWORTH DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 8 on LODSWORTH DRIVE.